Crédit Agricole’s European Savings Barometer, conducted by Occurrence-I among 4,000 savers in four European countries, shows that the French have high savings but remain particularly cautious in how they manage them.
In France, average savings total €99,171, compared to €85,055 in Europe,but the savings vitality index is only 49 out of 100—thelowest among the countries surveyed. Security remains the top priority: 45% of French people save primarily as a precaution, favoring savings accounts and life insurance in particular.
Digital platforms enjoy a high level of trust, with 74% of French people trusting savings platforms, provided they guarantee transparency, clarity on fees, and personalized support. On the other hand,AI still raises significant reservations: only 19% fully trust it to help them manage their savings.
Finally, switching behavior remains limited: only 41% of savers have made a decision regarding their savings in the past 12 months. When they do switch, they are primarily seeking better returns and greater diversification.
Read the full article on the Crédit Agricole website: France – European Savings Barometer: With a savings vitality index of 49/100, the French prioritize security and transparency in managing their savings – Crédit Agricole
